Lannister Manufacturing has a target debt$-$equity ratio of $\mathrm{.}30.$ Its cost of equity is $14$

percent, and its cost of debt is $8$ percent. If the tax rate is $34$ percent, what is the

company's WACC? $($Do not round intermediate calculations. Enter your answer as a

percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

WACC

$\%$